President’s Report | 2012 For fiscal year July 1, 2011 through June 30, 2012 Serving Lasting Purpose I am proud to report to you that we have completed the coverage, compliments and prestige you can’t buy Phase II of the 20/20 Vision! The Exceptional with traditional marketing. Experience was markedly different from Phase I, We also opened the LIFE Functional Neurology yet an equally important goal as we move forward Center, a facility unlike any in the world, where in the grand vision of what Life University will be groundbreaking chiropractic neurological research is by the end of this decade. Phase I contained many conducted. Lastly, we completed our reaffirmation items that were visible, such as construction and of accreditation with the Southern Association of renovations. Phase II was much more internal, as Colleges and Schools (SACS). As you know, this we focused on becoming a more student-centered process is critical to our existence, and I am pleased to organization and adopting a service model in all facets report that we are now accredited with SACS through of our operations. While the end result may not be 2021. This year, we will be going through a similar as visible on the surface, I assure you the effects are process with the Council on Chiropractic Education felt in a positive way by every member of the LIFE (CCE) for our programmatic accreditation of our community. Doctor of Chiropractic degree. Life University is garnering nationwide respect and The hard work and dedication of our fine faculty, admiration for some of our other ongoing initiatives. staff and students are paramount to our continued For example, LIFE rugby continues to be a model success, but equally important is the generous support program that is turning heads in the sport. Our you have given to Life University. Thank you for your undergraduate 15s team had an undefeated regular continued support as we move even closer to our season en route to a semifinal run to the national 20/20 Vision. I hope to see you on the campus soon. championship. LIFE was ranked No. 2 in the country in the final USA Rugby poll. Our 7s team had an unprecedented run, winning two of the three national Sincerely, championships contested in the sport. The year capped off with the team being invited to the College Rugby Championship in Philadelphia this past June. Guy F. Riekeman, D.C. The event, televised by NBC, gave Life University President 2 www.LIFE.edu University Highlights (July 1, 2011 – June 30, 2012) • Undergrad 15s rugby team finished second in the country • Undergrad 7s rugby team won USA Rugby Collegiate National Championship and the prestigious Las Vegas Invitational; finished fourth in the College Rugby Championships, which was televised live on NBC • Basketball team celebrated 20th anniversary; won AII Conference Tournament and qualified for the NAIA National Tournament for the fourth year in a row • Hosted inaugural Fall CE Event, offering free continuing education for more than 1,000 DCs • Diversity Issues in Higher Education ranked LIFE a top 40 degree-producing university for minority • Hosted fourth annual Octagon Conference, students. titled “Re-imagining Health Care, Making Health the Goal” • The Chronicle of Higher Education ranked LIFE the sixth fastest-growing, master’s level institution • Added master’s degree in Clinical Nutrition in the country. • Reaffirmation of accreditation by SACS through • Opened the LIFE Functional Neurology Center the year 2021 • Alumni approval rating soared to all-time high of • Completed Phase II of the 20/20 Vision: The 88 percent (up from 80 percent the year before) Exceptional Experience o Opened Student Advocacy Center o Renovated and renamed the library Drs. Sid E. and Nell K. Williams Library o Adopted Lasting-Purpose-based service model in all facets of University operations www.LIFE.edu 3 Chris Nadine: All in a day’s work Financially supporting the mission of her employer and this year I chose to increase isn’t a job requirement, but for Chris Nadine, my donation to LIFE.” Nadine provost project coordinator at Life University, giving chooses to have regular donations back is all in a day’s work. withdrawn directly from each “All my life,” she says, “I’ve chosen paycheck. “I’ve always found that employment based on congruency with my beliefs when I commit to a donation and the mission of the organization, and working for by making it automatic, it just LIFE is no exception.” Nadine holds an Associate becomes part of my budget, and I don’t think about Legion of Chiropractic Philosophers (ALCP) from or miss the money. Making a commitment, creating the Chiropractic Philosophy Diplomate program (as a plan and utilizing technology makes giving easy.” a non-chiropractor), and worked in a neighborhood She also regularly donates to the local Boys & Girls center before being hired as a LIFE student recruiter Clubs and the Chattahoochee River Keepers. in 2007. She joined Life University’s President’s “I don’t consider it a luxury to be able to give,” Circle giving program that very same year. she adds. “I consider it a blessing. I also think the “I initially signed up for the President’s synergy of many people pooling resources together Circle by giving the minimum required donation. accomplishes more than one individual trying to Each year I re-evaluate my financial donations, make a difference on his or her own.” Drs. Pat (’96) and Mike Calcagno (’98): Brothers with a purpose Pat and Mike Calcagno are brothers in the truest “Rugby was the bond,” Pat says, “but sense of the word. Both played rugby in their high Chiropractic was the calling.” school and college years, the latter while earning When it comes to living Lasting Purpose, the their D.C. degrees from LIFE. Pat enrolled after Calcagnos are equally committed. being inspired by the chiropractic care he received as “We send students to LIFE. We support the a teenage rugby player and Mike followed suit with rugby players and coaches. We give financially— his brother’s encouragement. both annually and to the campaigns,” Mike says. Today, they operate five clinics together in “Chiropractic helps people live a life free from the greater Chicago area. In addition to adjusting drugs and surgery,” Pat stresses, “and giving to LIFE patients and overseeing their team of doctors, Pat allows that philosophy to be promoted.” handles the business decisions and Mike manages Thanks to members of the LIFE family like operations and quality of care. the Calcagno brothers, Life University is able Together, the brothers have been ongoing to promote Chiropractic, not only through its donors to LIFE and annual supporters of the rugby academic programs, but through its top-ranked, program. “The friendships I developed with players internationally recognized rugby program. For on the rugby program [while] enrolled in the these brothers and those like them, it’s a win-win chiropractic program have become life-long,” Mike situation. says. “Those friendships and my campus experience helped me become the man I am today.” 4 www.LIFE.edu 3,416 GIFT TRENDS 2,819 2,180 228 260 300 Number of Donors Number of Gifts Number of Donors Number of Gifts Number of Donors Number of Gifts Fiscal Year 10 Fiscal Year 11 Fiscal Year 12 7/1/2009 - 6/30/2010 7/1/2010 - 6/30/2011 7/1/2011 - 6/30/2012 STATEMENT OF Total Assets $114,406,553 FINANCIAL POSITION Total Liabilities $73,194,909 For the Period Ending June 30, 2012 Total Net Assets $41,211,644 LIFE UNIVERSITY, INC. REVENUE BY SOURCE June 30, 2012 College of Chiropractic 74% Undergraduate & Masters 17% Auxiliary Enterprise 6% Other 2% Private Contributions 1% LIFE UNIVERSITY, INC. OPERATING EXPENSES June 30, 2012 Instructional & Research 34% Institutional Support 33% Student Services 12% Operations & Maintenance 8% Auxiliary Enterprise 6% Academic Support 5% Public Service 2% www.LIFE.edu 5 List of Donors A recognition of those who made gifts during the July 1, 2011 through June 30, 2012 fiscal year. Green Great Eight Dr. Denise A. Rassel Entrepreneurs ($300 - 499) ($800 - 1,199) Drs. Larry and Patty Ribley ($25,000 - 49,999) Dr. Corey B. Rodnick Dr. Joel A. Beane Dr. Gerard W. Clum Mr. Steven Ryan Multi Radiance Medical Dr. Brett A. Caminez Coca-Cola Enterprises, Inc. Dr. Gregory J. Schor-Haskin Mr. Van N. Carrigan Dr. Hank Cousineau Dr. Mark J. Tobias Drs. Stephen and Claire Welsh Stewards Dr. James W. Cassillo Dr. Philip B. Delport ($100,000 - 249,999) Dr. Sudhanva V. Char Drs. Shawn and Karen Ferguson Dr. Jeffrey P. Zaika Dr. Nicholas DiGerolamo, Sr. Dr. Debra S. Flynn Foot Levelers, Inc. Dr. John A. Fenn Dr. Sharon Gorman 1974 Founders William M. Harris Family Foundation Dr. Mary Flannery Dr. James Gregg ($1,974 - 4,999) Standard Process Inc. Dr. Christopher Green Dr. Dennis Hawk Dr. Karen Henard Dr. Jerry I. Hochman Dr. Amanda L. Apfelblat Dr. Sherry Hodge Dr. and Mrs. John A. Hofmann, Sr. Dr. Michael C. Calcagno SPONSORS Keep America Beautiful Dr. Christopher B. Kent Drs. Norman and Cathy Colby Dr. Leslie M. King Dr. Dean W. Mammales Dr. Christopher J. Colloca ($500-799) Dr. Bernadette Lavender Dr. Joel Margolies Dr. Justin Coop Dr. Diane Russo Ms. Cynthia J. Lund Drs. Mike and Patricia McLean Drs. Dean and Jen DePice Ms. Deborah J. Trantin Dr. James M. Lynch Mr. Trevor S. Miller Mr. Chuck Detling Dr. Mark R. Maiyer Drs. Tom and Jeanne Ohm Dr. Jean-Claude Doornick ($800 - 1,199) Dr. Linda M. Mullin Dr. Eric H. Plasker Dr. David Eugster Coca-Cola Enterprises, Inc.